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Economy Apr 14, 2026

FAO warns prolonged Hormuz blockade could spark global food crisis as fertilizer supplies falter

The Food and Agriculture Organization cautions that continued disruption of shipping through the St…
The Food and Agriculture Organization (FAO) has issued a stark warning: if the Strait of Hormuz remains blocked by the ongoing US‑Israel conflict with Iran, the world could face a food ‘catastrophe’. The disruption is already halting shipments of vital agricultural inputs, a situation that could quickly cascade into higher food prices. FAO chief economist Maximo Torero told Al Jazeera that, for now, food prices have stayed stable because existing stockpiles are absorbing the shock. However, he cautioned that this buffer is temporary and that “the clock is ticking.” FAO agrifood economics director David Laborde added that if traffic does not resume, the resulting strain on energy and fertilizer markets will translate into “higher commodity and retail prices later this year and into 2027.” According to the FAO, 20‑45% of key agrifood inputs—including fertilizers, pesticides and feed—depend on maritime passage through the Hormuz chokepoint. Nearly half of the world’s traded urea, the most widely used fertilizer, also moves through the strait, making global agriculture highly vulnerable. Recent gas supply disruptions have already forced fertilizer plants in the Gulf and beyond to cut or halt production, raising concerns that farmers may have to reduce fertilizer use or face higher production costs. Torero emphasized that poorer countries are especially at risk because planting calendars leave little room for delays; a slowdown in input delivery could quickly lead to “lower output, higher inflation and slower global growth.” The blockade stems from Iran’s decision to bring traffic to a near‑total halt in retaliation for attacks by the United States and Israel, which launched a war on Tehran on 28 February, resulting in the death of Supreme Leader Ayatollah Ali Khamenei. The conflict has already doubled oil and gas prices compared with pre‑war levels. Negotiations between Iranian and US representatives over a 21‑hour marathon failed to secure a permanent ceasefire. Subsequently, US President Donald Trump announced a naval blockade, stating that the navy would interdict ships in international waters that had paid Iran a toll to traverse the strait. The US military later declared it would block all maritime traffic entering and exiting Iranian ports, including those in the Gulf and the Gulf of Oman. FAO officials stress that decisive action—both a sustained ceasefire and the reopening of the waterway—is essential to prevent the looming food crisis from becoming a full‑blown catastrophe.
#FAO #Strait of Hormuz #Urea
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News Apr 11, 2026

Benin’s 2026 Presidential Vote Pits Economic Continuity Against Security and Democratic Concerns

Benin’s presidential election on April 12 will likely deliver a smooth transition to finance minist…
Benin is set to choose a new head of state on Sunday, April 12, 2026, in an election that appears to favor the governing coalition’s nominee, finance minister Romuald Wadagni. The 49‑year‑old, a former Deloitte executive, has been hand‑picked by outgoing President Patrice Talon, who is constitutionally barred from seeking a third term after a decade in power. With roughly eight million eligible voters on the rolls, the contest requires a candidate to secure more than 50 % of the vote; otherwise a runoff would be scheduled for May 10. In practice, only two names appear on the ballot: Wadagni, representing the Progressive Union Renewal‑Republican Bloc alliance, and Paul Hounkpe, the 56‑year‑old former teacher and culture minister who runs under the Cowry Forces for an Emerging Benin (FCBE) banner. Wadagni’s campaign emphasizes continuity of Talon’s economic reforms. Under Talon, Benin’s budget tripled and the country posted its strongest GDP growth in over twenty years, with the International Monetary Fund estimating a 7 % expansion in 2025. Investment in trade, agriculture and the Cotonou port has driven this performance, though benefits remain uneven, especially in the poorer northern regions. Security concerns dominate the northern frontier, where al‑Qaeda and IS‑linked militias from the Sahel have intensified cross‑border raids. Recent attacks by the JNIM network killed 54 soldiers in 2025 and another 15 in early 2026. A failed coup attempt in December 2025, allegedly motivated by neglect of troops in the north, left about 100 suspects awaiting trial. Wadagni has pledged to create municipal police forces to protect border towns, while Hounkpe warns that the current administration has sidelined citizens despite macro‑economic gains. Beyond economics and security, the election raises questions about Benin’s democratic health. Talon’s government has been criticized for suppressing protests, extending presidential terms from five to seven years, and enabling the president to appoint Senate members—moves that have effectively eliminated opposition representation. In the January parliamentary vote, Talon’s allies captured all 109 seats, and the main opposition party, the Democrats, failed to field a presidential candidate. Observers note that voter turnout will be a key barometer of public sentiment. The last presidential election saw only about 50 % participation. Al Jazeera reporter Ahmed Idris described the atmosphere at a governing‑party rally in Cotonou as “lively,” but cautioned that it may not reflect the broader mood in a nation where democratic space appears to be shrinking. Should Wadagni win, he pledges to build on a decade of “economic transformation,” expanding development hubs and healthcare access while maintaining fiscal discipline. Hounkpe, positioned as a moderate alternative, promises to lower basic commodity prices and secure the release of political prisoners detained under Talon’s rule. The outcome will shape Benin’s trajectory at a critical juncture: balancing sustained economic growth, confronting escalating security threats from the Sahel, and navigating the tension between authoritarian tendencies and the country’s reputation as one of West Africa’s more stable democracies.
#benin #talon #country
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Politics Apr 11, 2026

Federal Workers Struggle to Find New Roles a Year After Trump-Era Cuts

A year after the Trump administration implemented significant cuts to the federal workforce, many f…
It's been a year since the Trump administration's sweeping cuts to the federal workforce, and the effects are still being felt. Tens of thousands of employees were offered buyouts or faced termination, leaving many to navigate a difficult job market. Maggie, a former employee of the US Office of Personnel Management, took a buyout offer in May 2025. She has since applied to over 250 jobs but is still waiting for an ethics letter to start work elsewhere. 'I couldn't be without health insurance through the delivery of my baby,' she said, highlighting the challenges faced by those who lost their jobs. The federal workforce has declined by about 355,000 employees since Trump took office, with 18,000 workers leaving in March 2026 alone. The cuts have left remaining government workers overwhelmed, trying to keep essential public services afloat. Charles Melton, a 20-year veteran of the US Department of Agriculture, took early retirement but still helps former colleagues with job applications. 'I'm still mad as hell,' he said. 'We just got thrown away like garbage.' The impact on public services has been significant, with customer service at the Social Security Administration worsening and healthcare workers at the Department of Veterans Affairs reporting ongoing staffing issues. The shutdown of USAID has resulted in hundreds of thousands of deaths worldwide due to the spread of infectious diseases and malnutrition. The White House has declined to comment, but Scott Kupor, OPM's director, stated that 'reshaping the federal workforce is essential to building a government that works for the American people, not the bureaucracy.'
#U.S. Office of Personnel Management #Trump administration #Federal Civil Service
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World Economy Apr 10, 2026

IMF Flags Inflation Surge as US‑Israel Conflict Over Iran Threatens Global Growth

The International Monetary Fund warned that the ongoing US‑Israel war against Iran could spark a wo…
The International Monetary Fund has cautioned that the US‑Israel war on Iran could ignite a new wave of global inflation, jeopardising the outlook for world growth even if the current cease‑fire endures. IMF Managing Director Kristalina Georgieva announced on Thursday that the Fund will lower its growth projection for the global economy at next week’s IMF‑World Bank Spring Meetings, stating that the conflict has turned a potential upgrade into a growth downgrade. Earlier this year the IMF had lifted its forecast to 3.3 % growth for the 191‑member economies. That optimism evaporated after the war erupted on 28 February, driving up oil and natural‑gas prices, damaging energy infrastructure such as refineries and tanker terminals, and disrupting fertilizer shipments essential for global agriculture. Georgieva warned that the conflict is eroding business and consumer confidence and urged member nations to “get your house in order” as heightened defence spending adds further strain to the world economy. She also expressed confidence that the IMF will secure U.S. congressional approval this year for a 50 % increase in quota‑based lending resources, unlocking more of its roughly $1 trillion lending capacity. The United States, the Fund’s largest shareholder, would thereby provide crucial financial reassurance amid uncertain future developments. In a newly released report, the IMF estimated that countries directly involved in armed conflict typically see output fall by about 3 % at the outset, accumulating to roughly 7 % losses over five years. However, the study noted that economies like the United States may avoid severe economic damage because the fighting does not physically affect their own territory. Central banks are also on alert. Georgieva emphasized that “the central bank cannot afford to let inflation spiral out of control,” a statement that precedes the U.S. Federal Reserve’s two‑day policy meeting scheduled for 28–29 April, where interest‑rate decisions will be made amid political pressure from President Trump to lower rates. Other monetary authorities, including the Bank of Mexico, warned that the Middle‑East turmoil could push inflation higher in Latin America’s second‑largest economy, underscoring the broader spill‑over risks of the conflict.
#imf #economy #war
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World Economy Apr 09, 2026

UK Government’s Plan to Loosen Planning Rules for Industrial Chicken Farms Sparks Welfare and Sustainability Concerns

A proposed relaxation of UK planning regulations would enable more industrial chicken units, a move…
The UK government’s latest proposal to ease planning restrictions for large‑scale chicken operations has drawn sharp criticism for being short‑sighted and potentially jeopardising the nation’s food resilience.Advocates of the change argue that lower stocking densities constitute a modest welfare improvement, yet critics contend this is a minor concession that does little to address the systemic cruelty of intensive poultry systems. Moreover, the fast‑growing, low‑welfare breeds used in these units depend almost entirely on imported soy for feed, creating a strategic vulnerability to trade disruptions – a risk highlighted by the ongoing conflict in Iran.Beyond ethical concerns, the model is increasingly economically unsustainable. Frequent disease outbreaks, soaring energy prices and extreme weather events such as heatwaves and flooding are already eroding profitability and further degrading animal welfare. These pressures underscore the fragility of a sector that remains heavily reliant on a single, high‑intensity production model.Local communities have also voiced strong opposition, with recent planning objections succeeding and legal actions launched against producers and retailers for alleged environmental damage. This grassroots resistance signals a growing public demand for a more nature‑friendly agricultural framework.Stakeholders, including World Animal Protection’s UK country director Ruth Tanner, call for an immediate halt to the proposed deregulation. They propose capping the number of industrial units and investing in alternatives such as agroforestry and regenerative farming, which promise a more resilient, high‑welfare, and equitable future for British agriculture.
#farming #industrial #chicken
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Us News Apr 09, 2026

US March 2026 Sets Unprecedented Heat Records as Super El Niño Looms

In March 2026 the contiguous United States experienced its hottest month on record, shattering temp…
Federal weather data reveal that March 2026 was the hottest March ever recorded across the continental United States in a 132‑year dataset, with average temperatures soaring to 50.85 °F (10.47 °C), a staggering 9.35 °F (5.19 °C) above the 20th‑century March norm. This anomaly eclipsed the previous record of an 8.9 °F excess set in March 2012, marking the most extreme departure from average temperatures for any month in U.S. history. The month’s daytime highs were equally extreme, averaging 11.4 °F above the long‑term benchmark—almost a degree hotter than the typical April high, according to the National Oceanic and Atmospheric Administration (NOAA). Such extreme warmth is part of a broader trend: six of the ten most abnormal heat months have occurred within the last decade, and February 2026, at 6.57 °F above normal, ranked as the tenth most anomalous month on record. “The March heat wave was unprecedented across the United States,” noted Shel Winkley of Climate Central, emphasizing the sheer volume of records broken. In just two days (March 20‑21), roughly one‑third of the nation experienced temperatures that would have been virtually impossible without human‑induced climate change, according to Climate Central’s analysis. Data compiled by meteorologist Guy Walton shows that more than 19,800 daily temperature records were surpassed in March, and over 2,000 locations set new monthly heat records—a volume of record‑breaking events usually spread across entire decades. Jeff Masters of Yale Climate Connections warned that “climate change is kicking our butts,” adding that the January‑March period was the driest on record for the contiguous United States. The combination of extreme heat and historic dryness threatens water supplies, agriculture, river navigation, and overall ecosystem health. Looking ahead, both the European Copernicus climate service and NOAA project the formation of a “super” El Niño in the coming months, with the potential to amplify global temperatures into late 2026 and 2027. Meteorology professor Victor Gensini of Northern Illinois University cautioned that such an event could push the planet to new record‑high temperature thresholds.
#march #record #records
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Technology Apr 07, 2026

Breakthrough in Gene-Edited Wheat: Reduced Carcinogen in Toasted Bread

Scientists at Rothamsted Research have developed gene-edited wheat using Crispr technology that sig…
Researchers at Rothamsted Research in Harpenden, Hertfordshire, have made a groundbreaking discovery in the field of food safety. By utilizing Crispr genome editing, they have successfully developed wheat that can be used to make bread with reduced levels of acrylamide, a toxic compound classified as a probable carcinogen.The innovation lies in the reduction of free asparagine, an amino acid in wheat that converts into acrylamide when bread is toasted, fried, or baked. Field trials over two years demonstrated that gene-edited wheat can have significantly lower concentrations of free asparagine without impacting crop yields. This translates into lower acrylamide formation in food products, making toasted bread safer for consumption.In tests, bread and biscuits made from the edited wheat showed substantially reduced acrylamide levels, with some bread samples having concentrations below detectable limits even after toasting. The Crispr editing targeted the gene responsible for asparagine production, achieving a reduction of up to 93% in free asparagine in dual-edited lines.Compared to conventional methods that achieved a 50% reduction in free asparagine but resulted in a 25% yield penalty, the Crispr-edited wheat offers a more efficient and effective solution. Dr. Navneet Kaur, a lead researcher, highlighted the potential of Crispr technology to deliver precise, beneficial changes in crop genetics, emphasizing the importance of supportive regulatory frameworks to unlock benefits for agriculture and food systems.The UK has become a global hub for gene editing research since Brexit, with the Genetic Technology (Precision Breeding) Act of 2023 facilitating the development and marketing of genetically modified crops. However, the future of these advancements may be influenced by negotiations with the EU over sanitary and phytosanitary agreements.Prof. Nigel Halford, who led the study, noted that low-acrylamide wheat could help food businesses meet safety standards without compromising product quality or incurring major costs, ultimately reducing consumers' dietary exposure to acrylamide.
#crispr #wheat #acrylamide
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Environment Apr 06, 2026

Congo Conservationist Fights to Protect Gorillas and Communities

Dominique Bikaba, founder of Strong Roots Congo, works to reconcile conservation with community rig…
Deep in the Democratic Republic of Congo (DRC), a tireless conservationist is working to safeguard the future of the critically endangered Grauer's gorilla. Dominique Bikaba, founder and executive director of Strong Roots Congo, has dedicated his life to protecting these majestic creatures and their habitats.Bikaba's journey into conservation began in 1992, driven by a desire to mediate tensions between park authorities and displaced communities. His work is deeply personal, rooted in his own experiences growing up near Kahuzi-Biega national park, where his family was displaced in the 1970s. The park, a sanctuary for Grauer's gorillas, elephants, and a rich array of wildlife, is a landscape of immense biological wealth and political fragility.The Grauer's gorilla, the largest subspecies of primates, can weigh up to 250kg (39st). However, their numbers have drastically declined due to conflict, slash-and-burn agriculture, and hunting for bush meat. Before the conflicts, there were approximately 17,000 Grauer's gorillas; by 2016, that number had dwindled to around 3,800.Bikaba's organization, Strong Roots Congo, aims to create a biodiversity corridor linking Kahuzi-Biega national park with Itombwe nature reserve. This ambitious project seeks to secure 1m hectares of land for wildlife and Indigenous communities, formalizing customary land rights and promoting coexistence. So far, Strong Roots has helped establish 23 community forests, covering about 600,000 hectares.Bikaba emphasizes the importance of community-led conservation. "What we are doing is putting communities back together, so they can thrive together as they have done for centuries," he says. His approach contrasts with traditional conservation models that often cast local people as threats. Bikaba believes that humans are part of nature and that there is much wisdom to be learned from communities living in forests.Despite the challenges posed by ongoing conflict in eastern DRC, Bikaba remains committed to his work. "If there is one thing we should avoid in life, it's war," he says. "If there is a way we can stop war in this region, we should do it. No matter the cost."
#bikaba #forest #gorillas
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Economy Apr 06, 2026

US Defense Contractors and Oil Giants Rake in Record Profits as Iran Conflict Pushes Gas Prices Over $4

Five weeks into the US‑Israel war with Iran, soaring gas prices have lifted US crude to over $110 a…
Two weeks after the United States and Israel entered a direct conflict with Iran, the White House faced mounting criticism that the war would drive up fuel costs and anger voters. Former President Donald Trump attempted to calm concerns on Truth Social, noting that the United States is the world’s largest oil producer and that higher prices translate into higher revenues for American companies. Now, five weeks into the hostilities, the reality is becoming clear: defense contractors and oil companies are the primary beneficiaries of the escalating energy market. The Department of Defense announced that Boeing will partner with Lockheed Martin to triple U.S. production of missile seekers, a move that sent Lockheed Martin’s stock up 25% since the start of the year. The announcement also lifted Boeing’s share price, underscoring how wartime procurement is boosting aerospace valuations. At the same time, Iran’s continued blockade of the Strait of Hormuz—through which roughly one‑fifth of global oil and gas flows—has pushed U.S. crude from $65 to over $110 per barrel in just a month. Pump prices have mirrored this surge, breaking the $4‑a‑gallon barrier for the first time since 2022. Oil majors have responded with sharp stock gains; ExxonMobil, Shell and Chevron have each risen more than 20% year‑to‑date. According to market‑research firm Rystad Energy, U.S. oil producers stand to earn an additional $63 billion as barrels trade above $100. “Oil prices in March have been materially higher than anyone expected, delivering a windfall for the vast majority of U.S. energy companies,” said Leo Mariani, senior analyst at Roth Capital Partners. The last comparable price shock occurred in 2022 after Russia’s invasion of Ukraine, when U.S. gasoline peaked at $5 per gallon and inflation surged to 9%. That episode generated $916 billion in global oil‑and‑gas profits, with U.S. firms accounting for $281 billion. Chevron’s subsequent $75 billion stock‑buyback program—seven times its prior year’s amount—illustrates how quickly companies can translate price spikes into shareholder returns. Research by economists Gregor Semieniuk and Isabella Weber revealed that in 2022, 50% of oil‑company profits went to the top 1% of Americans, while the bottom half of the wealth distribution captured just 1% of those gains. Analysts warn that the current conflict could generate even larger windfalls because it has damaged actual production capacity in the Middle East, not merely reshuffled supply. “You’re benefiting a lot more from higher prices than you are from lost production,” Mariani noted, emphasizing the outsized profit potential. Even if hostilities cease, restoring pre‑conflict output in the region may take months, prolonging the supply crunch. As senior fellow Clay Seagle of the Center for Strategic and International Studies explains, the current situation differs from 2022: “Now we’re dealing with a much more severe supply event because the oil has been actually removed from the market.” Prolonged high prices could eventually curb demand, as consumers and businesses seek alternatives—a shift seen after the 1970s oil shocks when the U.S. moved away from oil‑generated electricity. Nonetheless, many sectors remain vulnerable: diesel, a key fuel for trucks and aircraft, has risen 40%, and airline stocks such as United and American have fallen more than 15% since the year began. Moreover, disruptions to liquefied natural gas (LNG) production threaten fertilizer supplies essential for agriculture. Semieniuk cautions that “we’re approaching the kinds of disruption levels we saw in 2022, and with that, the kinds of profits that we saw there. If this takes longer, it’s going to surpass that.”
#Lockheed Martin #Exxon Mobil #Chevron
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